Sarawak
Bahagian Sibu
Bahagian Sibu
LORONG LANANG BARAT 8

Area Intelligence

LORONG LANANG BARAT 8

1 properties

2024

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Median Price

RM 680,000

PSF: RM 187

Residential Market

Median Price

RM 680,000

IQR: RM 36

MAD: RM 36

RM 187 PSF 62.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

5-Storey Storey Shop

4 properties

6,810,000 txns

Median Price

RM 1,702,500

+5.9% CAGR

Median PSF

RM 812.25

+11.2% CAGR

Office Lot

3 properties

3,380,000 txns

Median Price

RM 990,000

-35.6% CAGR

Median PSF

RM 579.50

-12.6% CAGR

SOHO/SOFO/SOVO

2 properties

1,021,000 txns

Median Price

RM 510,500

Median PSF

RM 685.00

4-Storey Storey Shop

1 properties

1,750,000 txns

Median Price

RM 1,750,000

Median PSF

RM 508.00

Shop/Retail Lot

1 properties

580,000 txns

Median Price

RM 580,000

Median PSF

RM 502.00

Property Type	Properties	Transactions	Median Price	Price CAGR	Median PSF	PSF CAGR
5-Storey Storey Shop	4	6,810,000	RM 1,702,500 ±98K MAD	+5.90%	RM 812.25 ±86 MAD	+11.25%
Office Lot	3	3,380,000	RM 990,000 ±410K MAD	-35.64%	RM 579.50 ±78 MAD	-12.59%
SOHO/SOFO/SOVO	2	1,021,000	RM 510,500	-	RM 685.00	-
4-Storey Storey Shop	1	1,750,000	RM 1,750,000	-	RM 508.00	-
Shop/Retail Lot	1	580,000	RM 580,000	-	RM 502.00	-

LORONG LANANG BARAT 8 in Bahagian Sibu, Sarawak recorded 1 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 187.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 187, with most transactions between RM 187 and RM 187. The usual range is RM 169.00 to RM 205.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.